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Generational Equity Advises Presidium Network Services in Sale to Baymark Partners
By Generational Equity
10/10/2019
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Presidium Network Services, LLC, to Baymark Partners. The acquisition closed September 17, 2019 and details were not disclosed.
Presidium Network Services, located in Lakeland, Florida, is an IT service provider. The Company provides managed IT services, cloud computing, VoIP phone services, and disaster recovery.
Located in Plano, Texas, Baymark Partners is a growth-oriented private equity firm acquiring growing middle market service (healthcare, business and IT), distribution, manufacturing and tech-enabled (SAAS and E-Commerce) companies, providing owners with liquidity and companies with resources to accelerate their growth. The Firm has made 18 acquisitions since its inception.
Generational Equity Executive Managing Director of M&A – Eastern Region, David Fergusson’s team, led by Sr. M&A Advisor Mario Dieckmann and supported by Vice President Mergers & Acquisitions Alex Mironov, successfully closed the deal. Executive Managing Director Edward Weber established the initial relationship with Presidium.
According to Dieckmann, “This acquisition was a good match as an add-on for Baymark to their Slappey Communications platform, which will help them to grow the central Florida market. The Presidium team liked the compatibility of the two entities which made for a smooth and congenial transaction.”
About Generational
Headquartered in Dallas, Generational is one of the leading M&A advisory firms in North America.
With more than 350 professionals located throughout 17 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit https://www.generational.com.